Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
₽ 225000
per

Your estimated
City
free-cash

Dresden , Germany
₽109817
₽84978
₽81248
₽95349
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
225 000
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 407
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
76 181
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
4 189
trade
-
-
-
28 569
total
-
-
-
115 346
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

35 870
-
225 000
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

55
-
4 189
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

1 002
-
76 181
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 407
-
6 407
-
total
7 464
-
86 777
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
189 130
225 000
-
-
chamber of commerce
415
466
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 561
1 856
-
-
trade
29 788
35 437
-
-
income
28 370
33 750
-
-
total
60 134
71 509
-
-
Dividends
128 996
153 490
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 755
2 091
-
-
withholding
31 892
38 016
-
-
total
33 647
40 107
-
-
Income
225 000
225 000
225 000
225 000
Total tax
101 245
111 616
86 777
115 346
After tax
123 755
113 384
138 223
109 654
Living cost
28 406
28 406
28 406
28 406
Free-cash
95 349
84 978
109 817
81 248

Estimated living cost  is ₽28406 per week

₽17868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽79664
₽91148
₽78455
₽90330
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
2 419
pensions
-
-
-
27 000
national
-
-
-
42 844
municipal
-
-
-
25 030
total
-
-
-
97 293
Employee
76 350
-
194 510
-
municipal
9 430
-
25 901
-
national
14 613
-
44 751
-
pensions
3 054
-
7 780
-
total
27 097
-
78 432
-
Employer
76 350
-
194 510
-
pensions
6 108
-
15 561
-
social contributions
821
-
2 091
-
total
6 929
-
17 652
-
Corporate
136 682
225 000
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

27 336
45 000
-
-
total
27 336
45 000
-
-
Dividends
109 346
180 000
-
-
withholding
24 056
39 600
-
-
total
24 056
39 600
-
-
Income
225 000
225 000
225 000
225 000
Total tax
85 418
84 600
96 084
97 293
After tax
139 582
140 400
128 916
127 707
Living cost
49 252
49 252
49 252
49 252
Free-cash
90 330
91 148
79 664
78 455

Estimated living cost  is ₽49252 per week

₽33476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽79051
₽160490
₽63271
₽152796
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
225 000
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

-
-
-
35 932
income
-
-
-
48 911
surtax
-
-
-
57 375
microenterprise
-
-
-
-
total
-
-
-
142 218
Employee
27 404
-
178 445
-
surtax
-
-
25 875
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

3 015
-
12 294
-
income
4 878
-
41 716
-
total
7 893
-
79 885
-
Employer
27 404
-
178 445
-
surtax
-
-
19 628
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

6 601
-
26 925
-
total
6 601
-
46 553
-
Corporate
190 996
225 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

38 199
44 999
-
-
total
38 199
44 999
-
-
Dividends

In Latvia, local dividends are not subject to withholding tax.

152 796
180 001
-
-
total
-
-
-
-
Income
225 000
225 000
225 000
225 000
Total tax
52 693
44 999
126 438
142 218
After tax
172 307
180 001
98 562
82 782
Living cost
19 511
19 511
19 511
19 511
Free-cash
152 796
160 490
79 051
63 271

Estimated living cost  is ₽19511 per week

₽12447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽104586
₽73000
₽80771
₽67254
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
health
-
-
-
11 564
income
-
-
-
82 390
pensions
-
-
-
10 988
total
-
-
-
104 942
Employee
80 086
80 086
207 572
-
income

It is possible to apply for a 30% ruling (tax reduction) for salaries over €37,000 per annum.

13 109
13 109
41 146
-
pensions
14 415
10 988
10 988
-
health
12 292
10 456
11 564
-
total
39 816
34 553
63 698
-
Employer
80 086
80 086
207 572
-
unemployment
2 883
2 883
3 583
-
health
5 567
5 567
6 918
-
pensions
5 574
5 574
6 928
-
total
14 024
14 024
17 429
-
Corporate
131 872
130 890
-
-
income
26 375
26 177
-
-
total
26 375
26 177
-
-
Dividends
105 497
104 713
-
-
income
22 419
22 251
-
-
withholding
15 825
15 708
-
-
total
38 244
37 959
-
-
Income
225 000
225 000
225 000
225 000
Total tax
118 459
112 713
81 127
104 942
After tax
106 541
112 287
143 873
120 058
Living cost
39 287
39 287
39 287
39 287
Free-cash
67 254
73 000
104 586
80 771

Estimated living cost  is ₽39287 per week

₽27841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3542
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽72496
₽84071
₽73437
₽83200
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
other
-
-
-
9 876
health
-
-
-
5 303
accident
-
-
-
170
pensions
-
-
-
9 188
national
-
-
-
28 409
unemployment
-
-
-
85
municipal
-
-
-
59 753
total
-
-
-
112 784
Employee
55 257
-
198 296
-
municipal
16 478
-
59 132
-
national
-
-
27 888
-
total
16 478
-
87 020
-
Employer
55 257
-
198 296
-
other
6 421
-
9 876
-
unemployment
1 459
-
2 244
-
health
3 398
-
5 227
-
accident
111
-
170
-
pensions
5 973
-
9 188
-
total
17 362
-
26 705
-
Corporate
152 381
225 000
-
-
income
33 524
49 500
-
-
total
33 524
49 500
-
-
Dividends
118 857
175 500
-
-
withholding
35 657
52 650
-
-
total
35 657
52 650
-
-
Income
225 000
225 000
225 000
225 000
Total tax
103 021
102 150
113 725
112 784
After tax
121 979
122 850
111 275
112 216
Living cost
38 779
38 779
38 779
38 779
Free-cash
83 200
84 071
72 496
73 437

Estimated living cost  is ₽38779 per week

₽25701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3805
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽101382
₽75385
₽71542
₽88562
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
225 000
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 407
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
76 181
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
4 189
trade
-
-
-
29 840
total
-
-
-
116 617
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

47 559
-
225 000
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

224
-
4 189
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

4 086
-
76 181
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 407
-
6 407
-
total
10 717
-
86 777
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
177 441
225 000
-
-
chamber of commerce
395
463
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 465
1 856
-
-
trade
29 189
37 012
-
-
income
26 617
33 750
-
-
total
57 666
73 081
-
-
Dividends
119 776
151 919
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 627
2 070
-
-
withholding
29 587
37 623
-
-
total
31 214
39 693
-
-
Income
225 000
225 000
225 000
225 000
Total tax
99 597
112 774
86 777
116 617
After tax
125 403
112 226
138 223
108 383
Living cost
36 841
36 841
36 841
36 841
Free-cash
88 562
75 385
101 382
71 542

Estimated living cost  is ₽36841 per week

₽24640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3885
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽118556
₽133526
₽120374
₽129638
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
15 174
health
-
-
-
5 738
income
-
-
-
53 296
total
-
-
-
74 208
Employee
72 114
72 114
212 987
-
social contributions
3 504
5 985
8 073
-
income
7 573
6 676
52 318
-
health
717
1 226
3 622
-
total
11 794
13 887
64 013
-
Employer
72 114
72 114
212 987
-
health
781
1 335
3 940
-
social contributions
3 504
5 985
8 073
-
total
4 285
7 320
12 013
-
Corporate
178 502
145 566
-
-
income
22 312
18 196
-
-
total
22 312
18 196
-
-
Dividends
156 190
127 371
-
-
withholding
26 553
21 653
-
-
total
26 553
21 653
-
-
Income
225 000
225 000
225 000
225 000
Total tax
64 944
61 056
76 026
74 208
After tax
160 056
163 944
148 974
150 792
Living cost
30 418
30 418
30 418
30 418
Free-cash
129 638
133 526
118 556
120 374

Estimated living cost  is ₽30418 per week

₽20794
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽112977
₽108819
₽138411
₽109181
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
health
-
-
-
15 750
income
-
-
-
27 506
pensions
-
-
-
22 500
unemployment
-
-
-
3 375
total
-
-
-
69 131
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

25 201
10 030
188 285
-
income
3 081
1 226
23 018
-
pensions
2 520
1 003
18 828
-
health
1 764
702
13 180
-
unemployment
378
150
2 824
-
total
7 743
3 081
57 850
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

25 201
10 030
188 285
-
pensions
4 914
1 956
36 715
-
total
4 914
1 956
36 715
-
Corporate
194 885
213 015
-
-
income
17 540
19 171
-
-
total
17 540
19 171
-
-
Dividends
177 346
193 843
-
-
social contributions
34 468
37 685
-
-
withholding
33 696
36 830
-
-
total
68 164
74 515
-
-
Income
225 000
225 000
225 000
225 000
Total tax
98 361
98 723
94 565
69 131
After tax
126 639
126 277
130 435
155 869
Living cost
17 458
17 458
17 458
17 458
Free-cash
109 181
108 819
112 977
138 411

Estimated living cost  is ₽17458 per week

₽11913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽107032
₽157349
₽97950
₽151522
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
health
-
-
-
29 249
income
-
-
-
30 150
pensions
-
-
-
44 999
total
-
-
-
104 398
Employee
26 604
-
168 160
-
income
2 995
-
32 421
-
pensions
532
-
3 364
-
unemployment
425
-
2 691
-
total
3 952
-
38 476
-
Employer
26 604
-
168 160
-
unemployment
214
-
1 345
-
health
3 458
-
21 862
-
pensions
5 321
-
33 633
-
total
8 993
-
56 840
-
Corporate
189 403
225 000
-
-
income
37 881
44 999
-
-
total
37 881
44 999
-
-
Dividends
151 522
180 001
-
-
total
-
-
-
-
Income
225 000
225 000
225 000
225 000
Total tax
50 826
44 999
95 316
104 398
After tax
174 174
180 001
129 684
120 602
Living cost
22 652
22 652
22 652
22 652
Free-cash
151 522
157 349
107 032
97 950

Estimated living cost  is ₽22652 per week

₽15537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
₽103499
-₽2552
₽132822
₽15038
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
other
-
-
-
350
health
-
-
-
2 060
accident
-
-
-
238
income
-
-
-
64 823
pensions
-
-
-
3 930
total
-
-
-
71 401
Employee
32 683
-
206 104
-
income
4 484
-
51 024
-
pensions
3 680
-
7 205
-
health
3 742
-
23 599
-
total
11 906
-
81 828
-
Employer
32 683
-
206 104
-
unemployment
801
-
5 049
-
accident
546
-
3 442
-
pensions
5 315
-
10 405
-
total
6 662
-
18 896
-
Corporate
185 656
225 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

167 090
202 500
-
-
total
167 090
202 500
-
-
Dividends
18 566
22 500
-
-
withholding
3 527
4 275
-
-
total
3 527
4 275
-
-
Income
225 000
225 000
225 000
225 000
Total tax
189 185
206 775
100 724
71 401
After tax
35 815
18 225
124 276
153 599
Living cost
20 777
20 777
20 777
20 777
Free-cash
15 038
-2 552
103 499
132 822

Estimated living cost  is ₽20777 per week

₽15228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Gdansk model

Close
Batumi , Georgia
₽172184
₽205934
₽214934
₽204469
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
225 000
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
2 250
total
-
-
-
2 250
Employee
9 769
-
225 000
-
income
1 954
-
45 000
-
total
1 954
-
45 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

215 231
225 000
-
-
total
-
-
-
-
Dividends
215 231
225 000
-
-
withholding
10 761
11 250
-
-
total
10 761
11 250
-
-
Income
225 000
225 000
225 000
225 000
Total tax
12 715
11 250
45 000
2 250
After tax
212 285
213 750
180 000
222 750
Living cost
7 816
7 816
7 816
7 816
Free-cash
204 469
205 934
172 184
214 934

Estimated living cost  is ₽7816 per week

₽4844
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽110446
₽140318
₽112273
₽133986
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
other
-
-
-
6 773
health
-
-
-
6 275
income
-
-
-
40 463
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

-
-
-
34 227
total
-
-
-
87 738
Employee
34 051
-
188 694
-
income
5 862
-
39 854
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

2 383
-
9 982
-
health
477
-
1 997
-
unemployment
340
-
1 426
-
total
9 062
-
53 259
-
Employer
34 051
-
188 694
-
other
1 703
-
7 129
-
unemployment
340
-
1 426
-
health
477
-
1 997
-
accident
272
-
1 509
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

5 789
-
24 245
-
total
8 581
-
36 306
-
Corporate
182 367
225 000
-
-
income
38 297
47 251
-
-
total
38 297
47 251
-
-
Dividends
144 070
177 749
-
-
withholding
10 085
12 442
-
-
total
10 085
12 442
-
-
Income
225 000
225 000
225 000
225 000
Total tax
66 025
59 693
89 565
87 738
After tax
158 975
165 307
135 435
137 262
Living cost
24 989
24 989
24 989
24 989
Free-cash
133 986
140 318
110 446
112 273

Estimated living cost  is ₽24989 per week

₽17656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽62584
₽78665
₽82608
₽86122
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
70 872
pensions
-
-
-
9 570
total
-
-
-
80 442
Employee
87 650
-
195 979
-
income
15 800
-
57 524
-
health
1 444
-
2 601
-
pensions
8 456
-
11 320
-
total
25 700
-
71 445
-
Employer
87 650
-
195 979
-
health
1 665
-
3 723
-
pensions
10 349
-
25 298
-
total
12 014
-
29 021
-
Corporate
125 337
225 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

23 815
42 750
-
-
total
23 815
42 750
-
-
Dividends
101 522
182 250
-
-
withholding
15 399
41 635
-
-
total
15 399
41 635
-
-
Income
225 000
225 000
225 000
225 000
Total tax
76 928
84 385
100 466
80 442
After tax
148 072
140 615
124 534
144 558
Living cost
61 950
61 950
61 950
61 950
Free-cash
86 122
78 665
62 584
82 608

Estimated living cost  is ₽61950 per week

₽46420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽179869
₽180182
₽170383
₽175862
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
health
-
-
-
3 736
income
-
-
-
33 750
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
4 808
unemployment
-
-
-
130
total
-
-
-
42 424
Employee
16 145
-
218 627
-
income
1 614
-
21 862
-
accident

We are using the highest rate at 1.1%.

178
-
357
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

1 418
-
2 852
-
health
743
-
1 494
-
total
3 953
-
26 565
-
Employer
16 145
-
218 627
-
unemployment
97
-
195
-
health
1 114
-
2 241
-
accident

We are using the highest rate at 1.1%.

178
-
357
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

1 779
-
3 580
-
total
3 168
-
6 373
-
Corporate
205 687
225 000
-
-
income
20 568
22 500
-
-
total
20 568
22 500
-
-
Dividends
185 118
202 500
-
-
withholding
9 256
10 125
-
-
total
9 256
10 125
-
-
Income
225 000
225 000
225 000
225 000
Total tax
36 945
32 625
32 938
42 424
After tax
188 055
192 375
192 062
182 576
Living cost
12 193
12 193
12 193
12 193
Free-cash
175 862
180 182
179 869
170 383

Estimated living cost  is ₽12193 per week

₽7118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽323
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽91870
₽60284
₽68055
₽62645
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
health
-
-
-
11 564
income
-
-
-
82 390
pensions
-
-
-
10 988
total
-
-
-
104 942
Employee
86 948
80 086
207 572
-
income

It is possible to apply for a 30% ruling (tax reduction) for salaries over €37,000 per annum.

13 109
13 109
41 146
-
pensions
10 988
10 988
10 988
-
health
10 847
10 456
11 564
-
total
34 944
34 553
63 698
-
Employer
86 948
80 086
207 572
-
unemployment
3 130
2 883
3 583
-
health
6 042
5 567
6 918
-
pensions
6 051
5 574
6 928
-
total
15 223
14 024
17 429
-
Corporate
122 829
130 890
-
-
income
24 565
26 177
-
-
total
24 565
26 177
-
-
Dividends
98 264
104 713
-
-
income
20 881
22 251
-
-
withholding
14 739
15 708
-
-
total
35 620
37 959
-
-
Income
225 000
225 000
225 000
225 000
Total tax
110 352
112 713
81 127
104 942
After tax
114 648
112 287
143 873
120 058
Living cost
52 003
52 003
52 003
52 003
Free-cash
62 645
60 284
91 870
68 055

Estimated living cost  is ₽52003 per week

₽38361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽100716
₽131791
₽110710
₽123542
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
33 272
health
-
-
-
30 375
income
-
-
-
24 203
solidarity contribution
-
-
-
3 318
total
-
-
-
91 168
Employee
34 004
-
180 288
-
social contributions
2 210
-
7 407
-
solidarity contribution
-
-
2 422
-
income
4 080
-
22 281
-
health
4 591
-
24 339
-
total
10 881
-
56 449
-
Employer
34 004
-
180 288
-
health
3 060
-
16 226
-
social contributions
8 501
-
28 487
-
total
11 561
-
44 713
-
Corporate
179 435
225 000
-
-
income
34 093
42 750
-
-
total
34 093
42 750
-
-
Dividends
145 342
182 250
-
-
withholding
21 801
27 337
-
-
total
21 801
27 337
-
-
Income
225 000
225 000
225 000
225 000
Total tax
78 336
70 087
101 162
91 168
After tax
146 664
154 913
123 838
133 832
Living cost
23 122
23 122
23 122
23 122
Free-cash
123 542
131 791
100 716
110 710

Estimated living cost  is ₽23122 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽61791
₽80473
₽69741
₽75577
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
46 938
national
-
-
-
64 412
regional
-
-
-
2 912
municipal
-
-
-
1 424
total
-
-
-
115 686
Employee
83 348
-
225 000
-
social contributions
28 105
-
61 536
-
municipal
441
-
1 308
-
national
14 442
-
58 134
-
regional
786
-
2 658
-
total
43 774
-
123 636
-
Employer
83 348
-
225 000
-
total
-
-
-
-
Corporate
141 652
225 000
-
-
nationa
33 997
53 999
-
-
municipal
5 524
8 776
-
-
total
39 521
62 775
-
-
Dividends
102 131
162 225
-
-
withholding
26 555
42 179
-
-
total
26 555
42 179
-
-
Income
225 000
225 000
225 000
225 000
Total tax
109 850
104 954
123 636
115 686
After tax
115 150
120 046
101 364
109 314
Living cost
39 573
39 573
39 573
39 573
Free-cash
75 577
80 473
61 791
69 741

Estimated living cost  is ₽39573 per week

₽27585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽79253
₽120832
₽84990
₽117914
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
other
-
-
-
-
health
-
-
-
8 886
income
-
-
-
72 720
pensions
-
-
-
25 033
surtax
-
-
-
12 463
unemployment
-
-
-
214
total
-
-
-
119 316
Employee
31 013
-
198 653
-
surtax
101
-
11 342
-
income
5 198
-
67 112
-
other
-
-
-
-
pensions
2 068
-
8 349
-
health
792
-
3 191
-
unemployment
2 159
-
8 712
-
total
10 318
-
98 706
-
Employer
31 013
-
198 653
-
other
-
-
-
-
unemployment
982
-
3 967
-
health
1 411
-
5 695
-
pensions
4 134
-
16 685
-
total
6 527
-
26 347
-
Corporate
187 459
225 000
-
-
income
48 739
58 500
-
-
total
48 739
58 500
-
-
Dividends
138 720
166 500
-
-
withholding
20 808
24 974
-
-
total
20 808
24 974
-
-
Income
225 000
225 000
225 000
225 000
Total tax
86 392
83 474
125 053
119 316
After tax
138 608
141 526
99 947
105 684
Living cost
20 694
20 694
20 694
20 694
Free-cash
117 914
120 832
79 253
84 990

Estimated living cost  is ₽20694 per week

₽12654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽82212
₽98293
₽102236
₽104409
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
70 872
pensions
-
-
-
9 570
total
-
-
-
80 442
Employee
58 740
-
195 979
-
income
10 579
-
57 524
-
health
853
-
2 601
-
pensions
4 986
-
11 320
-
total
16 418
-
71 445
-
Employer
58 740
-
195 979
-
health
1 116
-
3 723
-
pensions
6 359
-
25 298
-
total
7 475
-
29 021
-
Corporate
158 785
225 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

30 170
42 750
-
-
total
30 170
42 750
-
-
Dividends
128 616
182 250
-
-
withholding
24 206
41 635
-
-
total
24 206
41 635
-
-
Income
225 000
225 000
225 000
225 000
Total tax
78 269
84 385
100 466
80 442
After tax
146 731
140 615
124 534
144 558
Living cost
42 322
42 322
42 322
42 322
Free-cash
104 409
98 293
82 212
102 236

Estimated living cost  is ₽42322 per week

₽31708
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
₽95039
₽27710
₽103071
₽59877
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
4 501
health
-
-
-
506
pensions
-
-
-
20 698
city
-
-
-
2 371
national
-
-
-
5 960
regional
-
-
-
12 716
total
-
-
-
46 752
Employee
87 977
-
202 618
-
national
416
-
4 969
-
city
944
-
2 193
-
pensions
7 391
-
15 646
-
health
199
-
456
-
regional
2 881
-
11 365
-
unemployment
-
-
-
-
total
11 831
-
34 629
-
Employer
87 977
-
202 618
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 759
-
4 053
-
unemployment
-
-
-
-
health
199
-
456
-
pensions
7 391
-
15 646
-
total
9 349
-
20 155
-
Corporate
126 707
225 000
-
-
regional
26 798
47 587
-
-
national
10 770
19 125
-
-
total
37 568
66 712
-
-
Dividends
89 139
158 288
-
-
withholding
31 198
55 401
-
-
total
31 198
55 401
-
-
Income
225 000
225 000
225 000
225 000
Total tax
89 946
122 113
54 784
46 752
After tax
135 054
102 887
170 216
178 248
Living cost
75 177
75 177
75 177
75 177
Free-cash
59 877
27 710
95 039
103 071

Estimated living cost  is ₽75177 per week

₽48887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6746
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽923
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18621
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽95261
₽68107
₽64152
₽83314
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
225 000
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 407
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
76 181
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
4 189
trade
-
-
-
31 109
total
-
-
-
117 886
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

56 361
-
225 000
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

365
-
4 189
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

6 628
-
76 181
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 407
-
6 407
-
total
13 400
-
86 777
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
168 639
225 000
-
-
chamber of commerce
379
459
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 392
1 856
-
-
trade
28 922
38 587
-
-
income
25 296
33 750
-
-
total
55 989
74 652
-
-
Dividends
112 650
150 347
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 529
2 048
-
-
withholding
27 806
37 231
-
-
total
29 335
39 279
-
-
Income
225 000
225 000
225 000
225 000
Total tax
98 724
113 931
86 777
117 886
After tax
126 276
111 069
138 223
107 114
Living cost
42 962
42 962
42 962
42 962
Free-cash
83 314
68 107
95 261
64 152

Estimated living cost  is ₽42962 per week

₽31378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽82339
₽81313
₽89821
₽86851
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
other
-
-
-
6 975
social contributions
-
-
-
6 410
health
-
-
-
11 381
income
-
-
-
43 906
pensions
-
-
-
34 421
surtax
-
-
-
-
total
-
-
-
103 093
Employee
40 137
-
171 008
-
surtax
-
-
-
-
social contributions
1 144
-
4 873
-
income
2 369
-
38 522
-
pensions
4 538
-
13 188
-
total
8 051
-
56 583
-
Employer
40 137
-
171 008
-
other
1 385
-
7 223
-
unemployment
1 625
-
6 927
-
health
2 810
-
17 358
-
pensions
6 594
-
21 971
-
social contributions
121
-
513
-
total
12 535
-
53 992
-
Corporate
172 328
225 000
-
-
surtax
-
-
-
-
income
48 253
62 999
-
-
total
48 253
62 999
-
-
Dividends
124 076
162 001
-
-
social contributions
21 342
27 865
-
-
surtax
-
-
-
-
withholding
15 882
20 737
-
-
total
37 224
48 602
-
-
Income
225 000
225 000
225 000
225 000
Total tax
106 063
111 601
110 575
103 093
After tax
118 937
113 399
114 425
121 907
Living cost
32 086
32 086
32 086
32 086
Free-cash
86 851
81 313
82 339
89 821

Estimated living cost  is ₽32086 per week

₽20232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽85518
₽84492
₽93000
₽89704
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
other
-
-
-
6 975
social contributions
-
-
-
6 410
health
-
-
-
11 381
income
-
-
-
43 906
pensions
-
-
-
34 421
surtax
-
-
-
-
total
-
-
-
103 093
Employee
35 828
-
171 008
-
surtax
-
-
-
-
social contributions
1 022
-
4 873
-
income
1 847
-
38 522
-
pensions
4 052
-
13 188
-
total
6 921
-
56 583
-
Employer
35 828
-
171 008
-
other
1 237
-
7 223
-
unemployment
1 450
-
6 927
-
health
2 508
-
17 358
-
pensions
5 887
-
21 971
-
social contributions
107
-
513
-
total
11 189
-
53 992
-
Corporate
177 983
225 000
-
-
surtax
-
-
-
-
income
49 835
62 999
-
-
total
49 835
62 999
-
-
Dividends
128 148
162 001
-
-
social contributions
22 041
27 865
-
-
surtax
-
-
-
-
withholding
16 403
20 737
-
-
total
38 444
48 602
-
-
Income
225 000
225 000
225 000
225 000
Total tax
106 389
111 601
110 575
103 093
After tax
118 611
113 399
114 425
121 907
Living cost
28 907
28 907
28 907
28 907
Free-cash
89 704
84 492
85 518
93 000

Estimated living cost  is ₽28907 per week

₽16765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽118212
₽117385
₽124608
₽117870
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
31 050
health
-
-
-
15 706
income
-
-
-
33 750
total
-
-
-
80 506
Employee
31 798
-
225 000
-
social contributions
4 389
-
31 050
-
income
5 303
-
40 146
-
health
2 219
-
15 706
-
total
11 911
-
86 902
-
Employer
31 798
-
225 000
-
total
-
-
-
-
Corporate
193 202
225 000
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

9 660
11 249
-
-
total
9 660
11 249
-
-
Dividends
183 542
213 751
-
-
social contributions
25 329
29 498
-
-
withholding
27 532
32 063
-
-
health
12 812
14 919
-
-
total
65 673
76 480
-
-
Income
225 000
225 000
225 000
225 000
Total tax
87 244
87 729
86 902
80 506
After tax
137 756
137 271
138 098
144 494
Living cost
19 886
19 886
19 886
19 886
Free-cash
117 870
117 385
118 212
124 608

Estimated living cost  is ₽19886 per week

₽13309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽25644
₽90877
₽81991
₽89424
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
health
-
-
-
8 381
income
-
-
-
74 476
chamber of commerce
-
-
-
901
pensions
-
-
-
20 269
surtax
-
-
-
185
unemployment
-
-
-
5 752
total
-
-
-
109 964
Employee
46 868
37 373
187 587
-
income
5 336
2 757
63 051
-
other
468
374
1 096
-
pensions
4 800
3 826
11 219
-
health
1 814
1 447
4 239
-
unemployment
1 406
1 121
3 287
-
total
13 824
9 525
82 892
-
Employer
46 868
37 373
187 587
-
other
2 226
1 774
8 247
-
unemployment
1 406
1 121
3 287
-
health
1 771
1 413
4 141
-
surtax
185
185
185
-
accident
609
486
1 424
-
pensions
5 882
4 691
13 750
-
payroll
1 406
1 121
5 627
-
chamber of commerce
187
149
751
-
total
13 672
10 940
37 412
-
Corporate
164 460
176 685
184 028
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

41 114
44 172
46 007
-
total
41 114
44 172
46 007
-
Dividends
123 346
132 513
-
-
withholding
33 921
36 441
-
-
total
33 921
36 441
-
-
Income
225 000
225 000
225 000
225 000
Total tax
102 531
101 078
166 311
109 964
After tax
122 469
123 922
58 689
115 036
Living cost
33 045
33 045
33 045
33 045
Free-cash
89 424
90 877
25 644
81 991

Estimated living cost  is ₽33045 per week

₽22040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2819
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽41683
₽88496
₽63740
₽77454
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
23 381
communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

-
-
-
12 097
national
-
-
-
91 588
total
-
-
-
127 066
Employee

The minimum management director salary is set at €45,000 per year.

67 083
-
174 270
-
national
20 624
-
66 527
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

5 031
-
13 070
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

3 152
-
8 190
-
communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

3 499
-
9 089
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

584
-
1 516
-
total
32 890
-
98 392
-
Employer

The minimum management director salary is set at €45,000 per year.

67 083
-
174 270
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

979
-
2 545
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

4 125
-
10 717
-
surtax
7 606
-
19 762
-
accident

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

872
-
2 266
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

5 944
-
15 441
-
total
19 526
-
50 731
-
Corporate
138 390
225 000
-
-
surtax
553
984
-
-
income
27 678
49 233
-
-
total
28 231
50 217
-
-
Dividends
110 159
174 783
-
-
withholding

As an investor, you can take advantage of €640 tax free allowance per year.

32 705
52 093
-
-
total
32 705
52 093
-
-
Income
225 000
225 000
225 000
225 000
Total tax
113 352
102 310
149 123
127 066
After tax
111 648
122 690
75 877
97 934
Living cost
34 194
34 194
34 194
34 194
Free-cash
77 454
88 496
41 683
63 740

Estimated living cost  is ₽34194 per week

₽22025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽87797
₽115387
₽91731
₽108963
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
other
-
-
-
87
accident
-
-
-
783
income
-
-
-
73 322
pensions
-
-
-
24 599
unemployment
-
-
-
609
total
-
-
-
99 400
Employee
46 682
-
197 288
-
income
9 850
-
70 103
-
other
46
-
87
-
pensions
2 194
-
4 086
-
unemployment
724
-
1 347
-
total
12 814
-
75 623
-
Employer
46 682
-
197 288
-
other
372
-
696
-
unemployment
2 568
-
4 780
-
accident
924
-
1 721
-
pensions
11 016
-
20 514
-
total
14 880
-
27 711
-
Corporate
163 438
225 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

24 515
33 750
-
-
total
24 515
33 750
-
-
Dividends
138 922
191 250
-
-
withholding
29 959
41 994
-
-
total
29 959
41 994
-
-
Income
225 000
225 000
225 000
225 000
Total tax
82 168
75 744
103 334
99 400
After tax
142 832
149 256
121 666
125 600
Living cost
33 869
33 869
33 869
33 869
Free-cash
108 963
115 387
87 797
91 731

Estimated living cost  is ₽33869 per week

₽24941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2403
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽62552
₽75226
₽53825
₽62328
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
health
-
-
-
15 670
accident
-
-
-
1 881
income
-
-
-
43 826
pensions
-
-
-
33 428
communal
-
-
-
14 220
surtax
-
-
-
11 185
total
-
-
-
120 210
Employee
71 020
-
200 983
-
surtax
4 353
-
12 317
-
income
6 860
-
50 128
-
pensions
5 681
-
16 079
-
health
3 161
-
8 943
-
total
20 055
-
87 467
-
Employer
71 020
-
200 983
-
health
2 166
-
6 129
-
accident
639
-
1 808
-
pensions
5 681
-
16 079
-
total
8 486
-
24 016
-
Corporate
145 494
225 000
-
-
surtax
1 527
2 362
-
-
income
21 824
33 750
-
-
communal
9 820
15 188
-
-
total
33 171
51 300
-
-
Dividends
112 323
173 700
-
-
income
33 147
21 454
-
-
withholding
16 848
26 055
-
-
total
49 995
47 509
-
-
Income
225 000
225 000
225 000
225 000
Total tax
111 707
98 809
111 483
120 210
After tax
113 293
126 191
113 517
104 790
Living cost
50 965
50 965
50 965
50 965
Free-cash
62 328
75 226
62 552
53 825

Estimated living cost  is ₽50965 per week

₽38231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽78883
₽120462
₽84620
₽117476
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
other
-
-
-
-
health
-
-
-
8 886
income
-
-
-
72 720
pensions
-
-
-
25 033
surtax
-
-
-
12 463
unemployment
-
-
-
214
total
-
-
-
119 316
Employee
31 582
-
198 653
-
surtax
112
-
11 342
-
income
5 295
-
67 112
-
other
-
-
-
-
pensions
2 107
-
8 349
-
health
806
-
3 191
-
unemployment
2 198
-
8 712
-
total
10 518
-
98 706
-
Employer
31 582
-
198 653
-
other
-
-
-
-
unemployment
1 002
-
3 967
-
health
1 436
-
5 695
-
pensions
4 211
-
16 685
-
total
6 649
-
26 347
-
Corporate
186 769
225 000
-
-
income
48 561
58 500
-
-
total
48 561
58 500
-
-
Dividends
138 208
166 500
-
-
withholding
20 732
24 974
-
-
total
20 732
24 974
-
-
Income
225 000
225 000
225 000
225 000
Total tax
86 460
83 474
125 053
119 316
After tax
138 540
141 526
99 947
105 684
Living cost
21 064
21 064
21 064
21 064
Free-cash
117 476
120 462
78 883
84 620

Estimated living cost  is ₽21064 per week

₽12718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽75441
₽93004
₽83348
₽90919
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
46 938
national
-
-
-
64 412
regional
-
-
-
3 615
municipal
-
-
-
1 424
total
-
-
-
116 389
Employee
52 022
-
225 000
-
social contributions
17 542
-
61 536
-
municipal
276
-
1 308
-
national
8 242
-
58 134
-
regional
700
-
3 318
-
total
26 760
-
124 296
-
Employer
52 022
-
225 000
-
total
-
-
-
-
Corporate
172 978
225 000
-
-
nationa
41 515
53 999
-
-
municipal
8 598
11 182
-
-
total
50 113
65 181
-
-
Dividends
122 865
159 819
-
-
withholding
31 945
41 552
-
-
total
31 945
41 552
-
-
Income
225 000
225 000
225 000
225 000
Total tax
108 818
106 733
124 296
116 389
After tax
116 182
118 267
100 704
108 611
Living cost
25 263
25 263
25 263
25 263
Free-cash
90 919
93 004
75 441
83 348

Estimated living cost  is ₽25263 per week

₽15711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2559
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽95345
₽126420
₽105339
₽116254
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
33 272
health
-
-
-
30 375
income
-
-
-
24 203
solidarity contribution
-
-
-
3 318
total
-
-
-
91 168
Employee
41 901
-
180 288
-
social contributions
2 724
-
7 407
-
solidarity contribution
-
-
2 422
-
income
5 028
-
22 281
-
health
5 657
-
24 339
-
total
13 409
-
56 449
-
Employer
41 901
-
180 288
-
health
3 771
-
16 226
-
social contributions
10 475
-
28 487
-
total
14 246
-
44 713
-
Corporate
168 852
225 000
-
-
income
32 082
42 750
-
-
total
32 082
42 750
-
-
Dividends
136 770
182 250
-
-
withholding
20 516
27 337
-
-
total
20 516
27 337
-
-
Income
225 000
225 000
225 000
225 000
Total tax
80 253
70 087
101 162
91 168
After tax
144 747
154 913
123 838
133 832
Living cost
28 493
28 493
28 493
28 493
Free-cash
116 254
126 420
95 345
105 339

Estimated living cost  is ₽28493 per week

₽21189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽28814
₽94102
₽85301
₽93638
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
health
-
-
-
8 381
income
-
-
-
74 476
chamber of commerce
-
-
-
901
pensions
-
-
-
20 269
surtax
-
-
-
-
unemployment
-
-
-
5 752
total
-
-
-
109 779
Employee
40 995
37 373
187 760
-
income
3 652
2 757
63 136
-
other
409
374
1 096
-
pensions
4 198
3 826
11 219
-
health
1 586
1 447
4 239
-
unemployment
1 230
1 121
3 287
-
total
11 075
9 525
82 977
-
Employer
40 995
37 373
187 760
-
other
1 947
1 774
8 254
-
unemployment
1 230
1 121
3 287
-
health
1 550
1 413
4 141
-
surtax
-
-
-
-
accident
532
486
1 424
-
pensions
5 145
4 691
13 750
-
payroll
1 230
1 121
5 633
-
chamber of commerce
164
149
751
-
total
11 798
10 755
37 240
-
Corporate
172 208
176 870
184 201
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

43 052
44 218
46 049
-
total
43 052
44 218
46 049
-
Dividends
129 155
132 652
-
-
withholding
35 517
36 480
-
-
total
35 517
36 480
-
-
Income
225 000
225 000
225 000
225 000
Total tax
101 442
100 978
166 266
109 779
After tax
123 558
124 022
58 734
115 221
Living cost
29 920
29 920
29 920
29 920
Free-cash
93 638
94 102
28 814
85 301

Estimated living cost  is ₽29920 per week

₽17948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3056
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽167820
₽201570
₽210570
₽199286
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
225 000
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
2 250
total
-
-
-
2 250
Employee
15 225
-
225 000
-
income
3 045
-
45 000
-
total
3 045
-
45 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

209 775
225 000
-
-
total
-
-
-
-
Dividends
209 775
225 000
-
-
withholding
10 489
11 250
-
-
total
10 489
11 250
-
-
Income
225 000
225 000
225 000
225 000
Total tax
13 534
11 250
45 000
2 250
After tax
211 466
213 750
180 000
222 750
Living cost
12 180
12 180
12 180
12 180
Free-cash
199 286
201 570
167 820
210 570

Estimated living cost  is ₽12180 per week

₽8242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽511
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽72944
₽129758
₽77825
₽121914
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
225 000
health
-
-
-
22 141
income
-
-
-
58 451
pensions
-
-
-
41 091
unemployment
-
-
-
338
total
-
-
-
122 021
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

41 471
-
194 688
-
income
7 152
-
53 568
-
pensions
6 428
-
30 176
-
health
2 678
-
12 575
-
unemployment
59
-
272
-
total
16 317
-
96 591
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

41 471
-
194 688
-
unemployment
25
-
117
-
health
2 762
-
12 965
-
pensions
3 670
-
17 229
-
total
6 457
-
30 311
-
Corporate
177 073
225 000
-
-
income
33 643
42 750
-
-
total
33 643
42 750
-
-
Dividends
143 429
182 250
-
-
withholding
21 515
27 338
-
-
total
21 515
27 338
-
-
Income
225 000
225 000
225 000
225 000
Total tax
77 932
70 088
126 902
122 021
After tax
147 068
154 912
98 098
102 979
Living cost
25 154
25 154
25 154
25 154
Free-cash
121 914
129 758
72 944
77 825

Estimated living cost  is ₽25154 per week

₽17263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽169714
₽94522
₽113125
₽47816
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
25 650
income
-
-
-
43 857
total
-
-
-
69 507
Employee
60 750
-
-
-
social contributions
4 982
-
710
-
income
13 400
-
-
-
total
18 382
-
710
-
Employer
60 750
-
-
-
social contributions
85 658
-
12 208
-
total
85 658
-
12 208
-
Corporate
78 592
225 000
-
-
income
17 290
49 500
-
-
total
17 290
49 500
-
-
Dividends
61 302
175 500
-
-
income
13 486
38 610
-
-
total
13 486
38 610
-
-
Income
225 000
225 000
225 000
225 000
Total tax
134 816
88 110
12 918
69 507
After tax
90 184
136 890
212 082
155 493
Living cost
42 368
42 368
42 368
42 368
Free-cash
47 816
94 522
169 714
113 125

Estimated living cost  is ₽42368 per week

₽27490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽69149
₽98564
₽87245
₽97620
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
225 000
social contributions

Social contributions in Portugal are calculated from the total income before any reductions apply.

-
-
-
78 187
income
-
-
-
30 152
surtax
-
-
-
-
total
-
-
-
108 339
Employee
43 132
-
181 818
-
surtax
-
-
486
-
social contributions
4 745
-
20 000
-
income
8 972
-
62 767
-
total
13 717
-
83 253
-
Employer
43 132
-
181 818
-
social contributions
10 244
-
43 182
-
total
10 244
-
43 182
-
Corporate
171 624
225 000
-
-
surtax
-
-
-
-
income
36 040
47 251
-
-
total
36 040
47 251
-
-
Dividends
135 583
177 749
-
-
withholding
37 963
49 769
-
-
total
37 963
49 769
-
-
Income
225 000
225 000
225 000
225 000
Total tax
97 964
97 020
126 435
108 339
After tax
127 036
127 980
98 565
116 661
Living cost
29 416
29 416
29 416
29 416
Free-cash
97 620
98 564
69 149
87 245

Estimated living cost  is ₽29416 per week

₽22009
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽69130
₽68104
₽76612
₽74553
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
other
-
-
-
6 975
social contributions
-
-
-
6 410
health
-
-
-
11 381
income
-
-
-
43 906
pensions
-
-
-
34 421
surtax
-
-
-
-
total
-
-
-
103 093
Employee
58 737
-
171 008
-
surtax
-
-
-
-
social contributions
1 673
-
4 873
-
income
5 125
-
38 522
-
pensions
6 644
-
13 188
-
total
13 442
-
56 583
-
Employer
58 737
-
171 008
-
other
2 027
-
7 223
-
unemployment
2 379
-
6 927
-
health
4 111
-
17 358
-
pensions
9 651
-
21 971
-
social contributions
176
-
513
-
total
18 344
-
53 992
-
Corporate
147 918
225 000
-
-
surtax
-
-
-
-
income
41 417
62 999
-
-
total
41 417
62 999
-
-
Dividends
106 501
162 001
-
-
social contributions
18 317
27 865
-
-
surtax
-
-
-
-
withholding
13 632
20 737
-
-
total
31 949
48 602
-
-
Income
225 000
225 000
225 000
225 000
Total tax
105 152
111 601
110 575
103 093
After tax
119 848
113 399
114 425
121 907
Living cost
45 295
45 295
45 295
45 295
Free-cash
74 553
68 104
69 130
76 612

Estimated living cost  is ₽45295 per week

₽30655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3705
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽141434
₽174309
₽135455
₽171160
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
11 855
social contributions
-
-
-
49 500
total
-
-
-
61 355
Employee
30 150
-
194 806
-
income
-
-
12 520
-
social contributions
1 959
-
12 662
-
total
1 959
-
25 182
-
Employer
30 150
-
194 806
-
social contributions
4 673
-
30 194
-
total
4 673
-
30 194
-
Corporate
190 177
225 000
-
-
income
19 018
22 501
-
-
total
19 018
22 501
-
-
Dividends
171 159
202 499
-
-
total
-
-
-
-
Income
225 000
225 000
225 000
225 000
Total tax
25 650
22 501
55 376
61 355
After tax
199 350
202 499
169 624
163 645
Living cost
28 190
28 190
28 190
28 190
Free-cash
171 160
174 309
141 434
135 455

Estimated living cost  is ₽28190 per week

₽18228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
₽20983
₽20983
₽84134
₽11422
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
labour market
-
-
-
17 935
pensions
-
-
-
812
national
-
-
-
28 371
municipal
-
-
-
48 652
total
-
-
-
95 770
Employee
190 341
190 341
190 341
-
labour market
15 206
15 206
15 206
-
municipal
40 532
40 532
40 532
-
national
23 254
23 254
23 254
-
pensions
271
271
271
-
total
79 263
79 263
79 263
-
Employer
190 341
190 341
190 341
-
national
23 294
23 294
23 294
-
labour market
15 227
15 227
15 227
-
pensions
541
541
541
-
municipal
40 596
40 596
40 596
-
total
79 658
79 658
79 658
-
Corporate
20 983
-
-
-
income
4 616
-
-
-
total
4 616
-
-
-
Dividends
16 367
-
-
-
withholding
4 945
-
-
-
total
4 945
-
-
-
Income
225 000
225 000
225 000
225 000
Total tax
168 482
158 921
158 921
95 770
After tax
56 518
66 079
66 079
129 230
Living cost
45 096
45 096
45 096
45 096
Free-cash
11 422
20 983
20 983
84 134

Estimated living cost  is ₽45096 per week

₽30864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽694
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
₽103805
-₽2246
₽133128
₽15085
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
other
-
-
-
350
health
-
-
-
2 060
accident
-
-
-
238
income
-
-
-
64 823
pensions
-
-
-
3 930
total
-
-
-
71 401
Employee
32 202
-
206 104
-
income
4 418
-
51 024
-
pensions
3 626
-
7 205
-
health
3 687
-
23 599
-
total
11 731
-
81 828
-
Employer
32 202
-
206 104
-
unemployment
789
-
5 049
-
accident
538
-
3 442
-
pensions
5 236
-
10 405
-
total
6 563
-
18 896
-
Corporate
186 236
225 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

167 612
202 500
-
-
total
167 612
202 500
-
-
Dividends
18 624
22 500
-
-
withholding
3 538
4 275
-
-
total
3 538
4 275
-
-
Income
225 000
225 000
225 000
225 000
Total tax
189 444
206 775
100 724
71 401
After tax
35 556
18 225
124 276
153 599
Living cost
20 471
20 471
20 471
20 471
Free-cash
15 085
-2 246
103 805
133 128

Estimated living cost  is ₽20471 per week

₽14900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Krakow model

Close
Helsinki , Finland
₽74655
₽101270
₽100428
₽104167
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
225 000
health
-
-
-
3 074
national
-
-
-
45 546
municipal
-
-
-
39 947
total
-
-
-
88 567
Employee
49 341
-
189 283
-
municipal
8 082
-
30 806
-
national
815
-
29 677
-
pensions
3 330
-
12 776
-
health
368
-
2 524
-
unemployment
740
-
2 839
-
total
13 335
-
78 622
-
Employer
49 341
-
189 283
-
unemployment
320
-
1 230
-
health
379
-
1 458
-
accident
50
-
189
-
pensions
8 560
-
32 841
-
total
9 309
-
35 718
-
Corporate
166 350
225 000
-
-
income
33 270
44 999
-
-
total
33 270
44 999
-
-
Dividends

Finish residents use 75% of income from dividends as a base for income tax.

99 810
135 000
-
-
national
10 948
18 426
-
-
municipal
17 966
24 300
-
-
total
28 914
42 726
-
-
Income
225 000
225 000
225 000
225 000
Total tax
84 828
87 725
114 340
88 567
After tax
140 172
137 275
110 660
136 433
Living cost
36 005
36 005
36 005
36 005
Free-cash
104 167
101 270
74 655
100 428

Estimated living cost  is ₽36005 per week

₽23519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽127261
₽142231
₽129079
₽137128
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
15 174
health
-
-
-
5 738
income
-
-
-
53 296
total
-
-
-
74 208
Employee
72 114
72 114
212 987
-
social contributions
2 726
5 985
8 073
-
income
7 852
6 676
52 318
-
health
559
1 226
3 622
-
total
11 137
13 887
64 013
-
Employer
72 114
72 114
212 987
-
health
607
1 335
3 940
-
social contributions
2 726
5 985
8 073
-
total
3 333
7 320
12 013
-
Corporate
188 816
145 566
-
-
income
23 602
18 196
-
-
total
23 602
18 196
-
-
Dividends
165 214
127 371
-
-
withholding
28 087
21 653
-
-
total
28 087
21 653
-
-
Income
225 000
225 000
225 000
225 000
Total tax
66 159
61 056
76 026
74 208
After tax
158 841
163 944
148 974
150 792
Living cost
21 713
21 713
21 713
21 713
Free-cash
137 128
142 231
127 261
129 079

Estimated living cost  is ₽21713 per week

₽13013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2130
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽158527
₽171434
₽177338
₽166661
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
225 000
health
-
-
-
3 394
income
-
-
-
23 385
pensions
-
-
-
5 966
unemployment
-
-
-
27
total
-
-
-
32 772
Employee

We use the last available minimum wage (€288,05 per month) as a minimum base for social contributions.

21 526
-
215 835
-
income
1 472
-
21 061
-
pensions
3 228
-
13 348
-
health
1 830
-
7 564
-
unemployment
107
-
445
-
total
6 637
-
42 418
-
Employer

We use the last available minimum wage (€288,05 per month) as a minimum base for social contributions.

21 526
-
215 835
-
unemployment
107
-
445
-
health
925
-
3 826
-
pensions
1 183
-
4 894
-
total
2 215
-
9 165
-
Corporate
201 258
225 000
-
-
income
18 114
20 249
-
-
total
18 114
20 249
-
-
Dividends
183 144
204 751
-
-
withholding
16 483
18 427
-
-
total
16 483
18 427
-
-
Income
225 000
225 000
225 000
225 000
Total tax
43 449
38 676
51 583
32 772
After tax
181 551
186 324
173 417
192 228
Living cost
14 890
14 890
14 890
14 890
Free-cash
166 661
171 434
158 527
177 338

Estimated living cost  is ₽14890 per week

₽9500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽95877
₽123467
₽99811
₽119326
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
other
-
-
-
87
accident
-
-
-
783
income
-
-
-
73 322
pensions
-
-
-
24 599
unemployment
-
-
-
609
total
-
-
-
99 400
Employee
34 677
-
197 288
-
income
6 685
-
70 103
-
other
34
-
87
-
pensions
1 630
-
4 086
-
unemployment
537
-
1 347
-
total
8 886
-
75 623
-
Employer
34 677
-
197 288
-
other
278
-
696
-
unemployment
1 908
-
4 780
-
accident
687
-
1 721
-
pensions
8 183
-
20 514
-
total
11 056
-
27 711
-
Corporate
179 268
225 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

26 889
33 750
-
-
total
26 889
33 750
-
-
Dividends
152 379
191 250
-
-
withholding
33 054
41 994
-
-
total
33 054
41 994
-
-
Income
225 000
225 000
225 000
225 000
Total tax
79 885
75 744
103 334
99 400
After tax
145 115
149 256
121 666
125 600
Living cost
25 789
25 789
25 789
25 789
Free-cash
119 326
123 467
95 877
99 811

Estimated living cost  is ₽25789 per week

₽17407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽143369
₽138663
₽143493
₽138379
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
health
-
-
-
919
income
-
-
-
77 584
pensions
-
-
-
1 267
total
-
-
-
79 770
Employee
2 646
-
223 574
-
income
512
-
77 518
-
pensions
238
-
570
-
health
132
-
317
-
unemployment
26
-
63
-
total
908
-
78 468
-
Employer
2 646
-
223 574
-
unemployment
53
-
127
-
health
251
-
602
-
pensions
291
-
697
-
total
595
-
1 426
-
Corporate
221 758
225 000
-
-
income
48 787
49 500
-
-
total
48 787
49 500
-
-
Dividends
172 971
175 500
-
-
withholding
34 594
35 100
-
-
total
34 594
35 100
-
-
Income
225 000
225 000
225 000
225 000
Total tax
84 884
84 600
79 894
79 770
After tax
140 116
140 400
145 106
145 230
Living cost
1 737
1 737
1 737
1 737
Free-cash
138 379
138 663
143 369
143 493

Estimated living cost  is ₽1737 per week

₽1032
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽130328
₽146376
₽130328
₽141773
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

-
-
-
225 000
health
-
-
-
7 124
income
-
-
-
52 340
pensions
-
-
-
17 984
unemployment
-
-
-
1 038
total
-
-
-
78 486
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

24 408
-
212 619
-
income
3 364
-
52 340
-
pensions
3 417
-
9 684
-
health
1 257
-
3 562
-
unemployment
183
-
519
-
total
8 221
-
66 105
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

24 408
-
212 619
-
unemployment
183
-
519
-
health
1 257
-
3 562
-
pensions
2 929
-
8 300
-
total
4 369
-
12 381
-
Corporate
196 223
225 000
-
-
income
29 433
33 750
-
-
total
29 433
33 750
-
-
Dividends
166 790
191 250
-
-
withholding
25 018
28 688
-
-
total
25 018
28 688
-
-
Income
225 000
225 000
225 000
225 000
Total tax
67 041
62 438
78 486
78 486
After tax
157 959
162 562
146 514
146 514
Living cost
16 186
16 186
16 186
16 186
Free-cash
141 773
146 376
130 328
130 328

Estimated living cost  is ₽16186 per week

₽10898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽73282
₽102697
₽91378
₽102359
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
225 000
social contributions

Social contributions in Portugal are calculated from the total income before any reductions apply.

-
-
-
78 187
income
-
-
-
30 152
surtax
-
-
-
-
total
-
-
-
108 339
Employee
36 399
-
181 818
-
surtax
-
-
486
-
social contributions
4 004
-
20 000
-
income
7 112
-
62 767
-
total
11 116
-
83 253
-
Employer
36 399
-
181 818
-
social contributions
8 644
-
43 182
-
total
8 644
-
43 182
-
Corporate
179 957
225 000
-
-
surtax
-
-
-
-
income
37 792
47 251
-
-
total
37 792
47 251
-
-
Dividends
142 165
177 749
-
-
withholding
39 806
49 769
-
-
total
39 806
49 769
-
-
Income
225 000
225 000
225 000
225 000
Total tax
97 358
97 020
126 435
108 339
After tax
127 642
127 980
98 565
116 661
Living cost
25 283
25 283
25 283
25 283
Free-cash
102 359
102 697
73 282
91 378

Estimated living cost  is ₽25283 per week

₽17907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽88707
₽116297
₽92641
₽110160
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
other
-
-
-
87
accident
-
-
-
783
income
-
-
-
73 322
pensions
-
-
-
24 599
unemployment
-
-
-
609
total
-
-
-
99 400
Employee
45 292
-
197 288
-
income
9 460
-
70 103
-
other
44
-
87
-
pensions
2 129
-
4 086
-
unemployment
701
-
1 347
-
total
12 334
-
75 623
-
Employer
45 292
-
197 288
-
other
363
-
696
-
unemployment
2 492
-
4 780
-
accident
897
-
1 721
-
pensions
10 689
-
20 514
-
total
14 441
-
27 711
-
Corporate
165 267
225 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

24 789
33 750
-
-
total
24 789
33 750
-
-
Dividends
140 478
191 250
-
-
withholding
30 317
41 994
-
-
total
30 317
41 994
-
-
Income
225 000
225 000
225 000
225 000
Total tax
81 881
75 744
103 334
99 400
After tax
143 119
149 256
121 666
125 600
Living cost
32 959
32 959
32 959
32 959
Free-cash
110 160
116 297
88 707
92 641

Estimated living cost  is ₽32959 per week

₽23670
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽176064
₽176377
₽166578
₽170709
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
health
-
-
-
3 736
income
-
-
-
33 750
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
4 808
unemployment
-
-
-
130
total
-
-
-
42 424
Employee
21 183
-
218 627
-
income
2 119
-
21 862
-
accident

We are using the highest rate at 1.1%.

233
-
357
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

1 860
-
2 852
-
health
975
-
1 494
-
total
5 187
-
26 565
-
Employer
21 183
-
218 627
-
unemployment
127
-
195
-
health
1 462
-
2 241
-
accident

We are using the highest rate at 1.1%.

233
-
357
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

2 334
-
3 580
-
total
4 156
-
6 373
-
Corporate
199 661
225 000
-
-
income
19 966
22 500
-
-
total
19 966
22 500
-
-
Dividends
179 695
202 500
-
-
withholding
8 984
10 125
-
-
total
8 984
10 125
-
-
Income
225 000
225 000
225 000
225 000
Total tax
38 293
32 625
32 938
42 424
After tax
186 707
192 375
192 062
182 576
Living cost
15 998
15 998
15 998
15 998
Free-cash
170 709
176 377
176 064
166 578

Estimated living cost  is ₽15998 per week

₽10581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽102016
₽79491
₽75986
₽91758
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
225 000
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 407
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
76 181
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
4 189
trade
-
-
-
26 030
total
-
-
-
112 807
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

46 662
-
225 000
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

212
-
4 189
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

3 837
-
76 181
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 407
-
6 407
-
total
10 456
-
86 777
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
178 338
225 000
-
-
chamber of commerce
404
472
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 472
1 856
-
-
trade
25 592
32 287
-
-
income
26 751
33 750
-
-
total
54 219
68 365
-
-
Dividends
124 119
156 635
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 687
2 134
-
-
withholding
30 673
38 803
-
-
total
32 360
40 937
-
-
Income
225 000
225 000
225 000
225 000
Total tax
97 035
109 302
86 777
112 807
After tax
127 965
115 698
138 223
112 193
Living cost
36 207
36 207
36 207
36 207
Free-cash
91 758
79 491
102 016
75 986

Estimated living cost  is ₽36207 per week

₽24976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽58155
₽104078
₽58155
₽106149
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
74 500
social contributions
-
-
-
38 923
total
-
-
-
113 423
Employee
73 358
-
225 000
-
income
13 842
-
74 500
-
social contributions
6 095
-
38 923
-
total
19 937
-
113 423
-
Employer
73 358
-
225 000
-
total
-
-
-
-
Corporate
151 642
225 000
-
-
income
18 955
28 124
-
-
total
18 955
28 124
-
-
Dividends
132 686
196 876
-
-
withholding
26 537
39 376
-
-
total
26 537
39 376
-
-
Income
225 000
225 000
225 000
225 000
Total tax
65 429
67 500
113 423
113 423
After tax
159 571
157 500
111 577
111 577
Living cost
53 422
53 422
53 422
53 422
Free-cash
106 149
104 078
58 155
58 155

Estimated living cost  is ₽53422 per week

₽40643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7916
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽122286
₽107253
₽151405
₽110530
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
225 000
income
-
-
-
33 750
health

This is an average price for a private worldwide health insurance. The price will vary depending on your age and health condition.

-
-
-
5 802
total
-
-
-
39 552
Employee
43 022
-
220 686
-
income
4 668
-
60 043
-
social contributions
4 310
-
4 314
-
total
8 978
-
64 357
-
Employer
43 022
-
220 686
-
social contributions
4 310
-
4 314
-
total
4 310
-
4 314
-
Corporate
177 668
225 000
-
-
income
62 184
78 749
-
-
total
62 184
78 749
-
-
Dividends
115 484
146 251
-
-
social contributions
4 955
4 955
-
-
total
4 955
4 955
-
-
Income
225 000
225 000
225 000
225 000
Total tax
80 427
83 704
68 671
39 552
After tax
144 573
141 296
156 329
185 448
Living cost
34 043
34 043
34 043
34 043
Free-cash
110 530
107 253
122 286
151 405

Estimated living cost  is ₽34043 per week

₽22424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽90127
₽106208
₽110151
₽111692
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
70 872
pensions
-
-
-
9 570
total
-
-
-
80 442
Employee
47 228
-
195 979
-
income
8 601
-
57 524
-
health
616
-
2 601
-
pensions
3 605
-
11 320
-
total
12 822
-
71 445
-
Employer
47 228
-
195 979
-
health
898
-
3 723
-
pensions
4 772
-
25 298
-
total
5 670
-
29 021
-
Corporate
172 103
225 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

32 699
42 750
-
-
total
32 699
42 750
-
-
Dividends
139 404
182 250
-
-
withholding
27 710
41 635
-
-
total
27 710
41 635
-
-
Income
225 000
225 000
225 000
225 000
Total tax
78 901
84 385
100 466
80 442
After tax
146 099
140 615
124 534
144 558
Living cost
34 407
34 407
34 407
34 407
Free-cash
111 692
106 208
90 127
110 151

Estimated living cost  is ₽34407 per week

₽23603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3164
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
₽101779
-₽4272
₽131102
₽14775
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
other
-
-
-
350
health
-
-
-
2 060
accident
-
-
-
238
income
-
-
-
64 823
pensions
-
-
-
3 930
total
-
-
-
71 401
Employee
35 389
-
206 104
-
income
4 855
-
51 024
-
pensions
3 985
-
7 205
-
health
4 052
-
23 599
-
total
12 892
-
81 828
-
Employer
35 389
-
206 104
-
unemployment
867
-
5 049
-
accident
591
-
3 442
-
pensions
5 754
-
10 405
-
total
7 212
-
18 896
-
Corporate
182 399
225 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

164 159
202 500
-
-
total
164 159
202 500
-
-
Dividends
18 240
22 500
-
-
withholding
3 465
4 275
-
-
total
3 465
4 275
-
-
Income
225 000
225 000
225 000
225 000
Total tax
187 728
206 775
100 724
71 401
After tax
37 272
18 225
124 276
153 599
Living cost
22 497
22 497
22 497
22 497
Free-cash
14 775
-4 272
101 779
131 102

Estimated living cost  is ₽22497 per week

₽16510
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

Close
Skopje , Macedonia
₽153759
₽159477
₽133168
₽156645
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
225 000
income
-
-
-
38 005
health insurance
-
-
-
11 081
work injury
-
-
-
749
pensions
-
-
-
27 552
unemployment
-
-
-
1 797
total
-
-
-
79 184
Employee

Minimal social contribution is 50% of an average salary to a maximum of six average salaries.

20 236
-
225 000
-
income
2 024
-
38 005
-
work injury
101
-
374
-
health insurance
1 497
-
5 540
-
pensions
3 723
-
13 776
-
unemployment
243
-
898
-
total
7 588
-
58 593
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
204 764
225 000
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

20 476
22 500
-
-
total
20 476
22 500
-
-
Dividends
184 287
202 500
-
-
withholding
27 643
30 375
-
-
total
27 643
30 375
-
-
Income
225 000
225 000
225 000
225 000
Total tax
55 707
52 875
58 593
79 184
After tax
169 293
172 125
166 407
145 816
Living cost
12 648
12 648
12 648
12 648
Free-cash
156 645
159 477
153 759
133 168

Estimated living cost  is ₽12648 per week

₽7835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3499
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽61368
₽81155
₽69072
₽76889
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
46 938
national
-
-
-
64 412
regional
-
-
-
5 616
municipal
-
-
-
1 602
total
-
-
-
118 568
Employee
79 027
-
225 000
-
social contributions
26 647
-
61 536
-
municipal
472
-
1 472
-
national
13 355
-
58 134
-
regional
1 193
-
5 130
-
total
41 667
-
126 272
-
Employer
79 027
-
225 000
-
total
-
-
-
-
Corporate
145 973
225 000
-
-
nationa
35 033
53 999
-
-
municipal
7 035
10 845
-
-
total
42 068
64 844
-
-
Dividends
103 905
160 155
-
-
withholding
27 016
41 641
-
-
total
27 016
41 641
-
-
Income
225 000
225 000
225 000
225 000
Total tax
110 751
106 485
126 272
118 568
After tax
114 249
118 515
98 728
106 432
Living cost
37 360
37 360
37 360
37 360
Free-cash
76 889
81 155
61 368
69 072

Estimated living cost  is ₽37360 per week

₽26243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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